Siddhartha Khemka backs LG Electronics and Polycab on growth views
In short
Siddhartha Khemka picked LG Electronics and Polycab, the report said. He pointed to premiumisation, infrastructure demand and a mixed festive recovery in consumer durable sales. The target prices mentioned are ₹2,075 for LG Electronics and ₹10,600 for Polycab.
This matters to investors because it signals which stocks may benefit if these trends continue. The report does not say how long the targets are meant to hold or whether the broader market will follow.
What the reporting says
Siddhartha Khemka picked LG Electronics and Polycab, citing growth prospects, infrastructure demand and premiumisation in the latest market commentary. The reporting says consumer durable demand is showing an uneven festive recovery, with weather-led sales supporting select categories. The immediate consequence is a broker-style stock view with target prices for LG Electronics at ₹2,075 and Polycab at ₹10,600; the time horizon and rating changes are not stated.
Why it matters
Siddhartha Khemka has picked LG Electronics and Polycab, citing growth prospects, infrastructure demand and premiumisation. The reporting says consumer durable demand is showing an uneven festive recovery, with weather-led sales supporting select categories. Target prices of ₹2,075 for LG Electronics and ₹10,600 for Polycab are given, but the report does not state the recommendation horizon or broader market implications.